Players meet their respective unions today to contemplate their participation after a report by independent security adviser Reg Dickason warned security could not be guaranteed for the tournament.
This year’s competition, which starts on March 12, has faced threats from al-Qaeda and right-wing nationalists in Mumbai.
However one franchise owner bullishly rejected calls to move the competition.
"The fact it was moved last year has raised a level of expectation that it could be done again but it would be a lot harder to move it this time," one IPL owner told UK newspaper the Daily Telegraph.
"There are a billion people desperate to see the IPL in India and it will be in India. Last year it was moved because the government could not offer full security because of the election. There was no threat level. It was very different."
Last year the tournament was moved to South Africa at short notice because India's government could not guarantee safety and security resources, with national elections happening at the same time.
